Shimmer Network Staking
Shimmer Network (SMR) is not listed as a staking asset on Staking Rewards. You can still convert token prices, calculate reward rates and compare against rewards earned for other top staking assets.Learn more about Shimmer Network Staking
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Learn about Shimmer Network Staking
What is Shimmer Network?
Shimmer will accompany IOTA on its path to become a fully decentralized, programmable multi-asset ledger. The series of upgrades that will first be introduced on Shimmer are:
- Programmable multi-asset ledger, with the introduction of output types and tokenization on the base layer,
- Smart Contracts, with the introduction of IOTA Smart Contracts; agnostic multi-chain smart contracts are fully EVM-compatible
- Full decentralization, with the IOTA 2.0 protocol and its leaderless consensus algorithm, currently live on a public testnet
- Sharding and further optimizations, such as Layer 1 DeFi and more sophisticated output types.
How to stake Shimmer Network?
Details of staking will be announced shortly. Staking SMR will launch is planned for Q3 2022.
How much can I earn staking Shimmer Network?
Reward details of staking will be announced shortly. Staking SMR launch is planned for Q3 2022.
Any risks to staking Shimmer Network?
Once the staking mechanism is fully disclosed, risks of staking SMR will be covered here.